Making beef is challenging, and making good beef is even more complicated. It requires far more resources than competing animal proteins, which is why global production lags far behind alternatives such as pork and poultry. While pigs and chickens can be produced under highly controlled conditions that reduce the incidents of disease or predation, cattle largely spend their time out in the environment. This leaves them at risk to native carnivores and subject to dozens of different potential diseases. Over the past quarter century, global poultry production has advanced at a CAGR of 2.83 percent. If one excludes the more recent ASF years in China, pork production has expanded at 1.4 percent CAGR. However, beef production has grown at...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...